Trendlines Group's ElastiMed Expands Medical Wearables to US Market; Shares Drop 2%

MT Newswires

05/19

The Trendlines (SGX:42T) signed a strategic distribution agreement with a US-based medical technology company, according to a Monday filing with the Singapore Exchange.

Shares of the company were down nearly 2% in Tuesday trading.

Under the agreement, the company's brand, ElastiMed will gain access to the US market for its MyoSleeve wearable compression device.

MyoSleeve's technology aims at the treatment of venous and lymphatic conditions.

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